This deal has ended.
An external hard drive is supposed to cost more than an internal one because the internal is a bare bones piece of hardware you need to install yourself. No more: Buy.com has Fantom's newest 250gb drive for $99.95 after a $25 rebate. There is free shipping and no sales tax (except CA) as well. At under $0.50 a gigabyte, this is very cheap storage that you can use with multiple computers (it attaches easily via USB cable to any computer).